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John Hempton on Greensill, Archegos and What It's Like To Short Right Now
Odd Lots
The Swiss Banks Are a Shadow of What They Usedt
The swiss banks have had another big problem, which is that once upon a time they had a very large competitive advantage. The real problem is that this bank is a shadow of its former self. Financials whose revenue opportunities disappeared will solv o the lack of revenue by taking more risk. And that's why they wound up sidling up to an obvious pontiataplion, lex green hill.
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